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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities:    
Net income $ 9,381,916 $ 9,478,346
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization $ 10,061,558 5,877,824
Loss from disposal of property, plant and equipment 689,422
Gain from disposal of assets held for sale (203,488)
Allowance for (Recovery from) bad debts $ 5,268 (15,855)
Deferred tax (878,730) 481,138
Changes in operating assets and liabilities:    
Accounts receivable (273,781) (841,053)
Prepayments and other current assets 2,326,204 12,139
Inventories (2,458,300) 4,375,716
Accounts payable 1,132,548 (307,667)
Notes payable (9,478,519) 16,262,014
Accrued payroll and employee benefits (232,861) (161,625)
Other payables and accrued liabilities 1,184,473 618,254
Income taxes payable (101,216) (480,000)
Net Cash Provided by Operating Activities $ 10,668,560 35,785,165
Cash Flows from Investing Activities:    
Proceeds from sale of property, plant and equipment 239,194
Proceeds from sale of assets held for sale 2,682,957
Purchases of property, plant and equipment $ (58,213) $ (25,767,813)
Payment for construction in progress (11,254,087)
Net Cash Used in Investing Activities $ (11,312,300) $ (22,845,662)
Cash Flows from Financing Activities:    
Proceeds from issuance of shares and warrants, net 2,311,002
Proceeds from related party loans $ 5,242,483 643,500
Repayment of related party loans (390,000) (643,500)
Proceeds from short-term bank loans 3,234,990 6,504,805
Repayment of short-term bank loans (6,469,979) $ (4,878,604)
Repayment of loans from credit union (412,461)
Payment of capital lease obligation (5,378,582) $ (4,095,015)
Release of (Increase in) restricted cash 5,548,008 (8,944,108)
Net Cash Provided by (Used in) Financing Activities 1,374,459 (9,101,920)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (258,471) (38,302)
Net Increase in Cash and Cash Equivalents 472,248 3,799,281
Cash and Cash Equivalents - Beginning of Period 3,891,473 3,131,163
Cash and Cash Equivalents - End of Period 4,363,721 6,930,444
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized cost 1,717,941 648,552
Cash paid for income taxes $ 4,332,110 $ 3,535,355